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Moz’s $18 Million Venture Financing: Our Story, Metrics and Future

Today is a good day. Whether you’re a Mozzer, a fan of what we’ve built, a Seattle-startup supporter or even tangentially involved in the field of web marketing, there’s reason to celebrate. After 5 years of organic growth (from our initial funding in 2007) and two tough, failed attempts at financing (in 2009 and 2011), I’m excited to announce that SEOmoz has raised $18 million in venture capital from Foundry Group and Ignition Partners. Brad Feld from Foundry and Moz’s COO, Sarah Bird will be joining the board as Gillian Muessig steps down to pursue new goals. Oh, and that chip on my shoulder about VCs is probably gonna shrink a bit. :-)

You can find the official meme-based press release here. But, as our core values dictate, this post is going to be lengthy and extremely transparent about our progress to date,

Article source: http://feedproxy.google.com/~r/seomoz/~3/OtMq_ud4mus/mozs-18-million-venture-financing-our-story-metrics-and-future